Affluence Funds News Today

We asked 11 experts where they would invest $1 million to earn serious returns; then we asked them to nominate an indulgence spend.

Once interest rates start to fall, the cash and term deposits that make up the majority of Australian retirees’ portfolios will deliver a little less. Here’s what to think about.

Activists push for transformation at VGI’s trophy LIC Save Share One of the largest listed investment companies may be the latest to slip from the ASX after activist investors took aim at a $150 million shortfall between the portfolio’s assets and its share price. The VGI Partners Global Investments LIC has around $1 billion in assets, but at the start of the month traded nearly $150 million short of the sum, penalising investors from exiting and prompting a pair of activists hoping t...